Rodent + 1,424 December 12, 2017 Seems to be a flurry of accusers that EIA's data is wrong--to the ire of this writer for Seeking Alpha. https://seekingalpha.com/article/4131270-crude-oil-eia-bashers-check-numbers "Disappointingly, the outbreak of the 'can't trust the EIA' fever among sensation-seeking amateur writers has coincided with less-than thought-out criticisms by some respected industry insiders and weak coverage of the subject by major financial news outlets." "The wave of frivolous accusations against the EIA in the blogosphere preys on the least protected category of investors." HARSH. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS December 13, 2017 Who else has the resources to compile more comprehensive data than the EIA? Quote Share this post Link to post Share on other sites
Rodent + 1,424 December 13, 2017 right. I mean, they might not be accurate, but I challenge another institution to come up with more accurate figures. API may say it's them. Tanker Trackers also keeps tabs on inventories by monitoring exports and imports and production. Quote Share this post Link to post Share on other sites